Mukhyamantri Ati Pichhada Varg Udyami Yojana
At a Glance
Scheme Category
Business & Entrepreneurship,Setting up / start-up / entrepreneurship
Target Beneficiaries
Individual
Brief Description
This is a flagship scheme of the Bihar government aimed at promoting entrepreneurship and self-employment among the youth by providing financial assistance of up to ₹10,00,000/- for setting up businesses.
Benefit Type
Composite
Eligibility Criteria
1. The applicant must be a permanent resident of Bihar. 1. The applicant must belong to Extremely Backward Classes. 1. The applicant should have passed at least 10+2, Intermediate, ITI, Polytechnic Diploma, or equivalent. 1. The applicant must be aged between 18 and 50 years. 1. The business unit must be a proprietorship or partnership firm.
Application Mode
Online
Application Process
> Registration Process: Step 1: Visit the official <nis:link nis:type=webUrl nis:id=slugId nis:text="website" nis:value=https://udyamiuser.bihar.gov.in/login nis:enabled=true/>and click on "<nis:link nis:type=webUrl nis:id=slugId nis:text="Registration/Log in" nis:value=https://udyami.bihar.gov.in/mmuy nis:enabled=true/>". Select "Mukhyamantri Udyami Yojana" as "MMUY". Step 2: A new page will open where you need to enter your Aadhaar number and create a desired password. Step 3: Click on the "Login" option after entering the details. Step 4:A registration form will appear. Fill in the required details carefully. Step 5: Once completed, click on the "Submit" button to finalize your registration. > Application Process: Step 1: After successful registration, <nis:link nis:type=webUrl nis:id=slugId nis:text="log in" nis:value=https://udyamiuser.bihar.gov.in/login nis:enabled=true/> to the portal using your Aadhaar number and password. Step 2: The application form will appear on your dashboard. Fill in the form accurately with all the necessary details. Step 3: Upload all the required documents as specified in the instructions. Step 4: Review the application to ensure all information is correct. Step 5: Click on the "Submit" button to complete the application process. Step 6: Download and print the acknowledgment receipt for your records. Keep it safe for future correspondence.
Required Documents
- Matriculation certificate (in which date of birth is mentioned). Intermediate or equivalent passing certificate. Caste certificate. Permanent residence certificate. Disability certificate (if required). Photograph of the applicant. Signature of the applicant.
FAQs
What is the “Mukhyamantri Ati Pichhada Varg Udyami Yojana”?
The “Mukhyamantri Ati Pichhada Varg Udyami Yojana” is a component of the “Mukhyamantri Udyami Yojana” aimed at promoting entrepreneurship and self-employment among individuals from the Extremely Backward Classes in Bihar.
Who is eligible to apply for this scheme?
Applicants must be permanent residents of Bihar, belong to the Extremely Backward Classes, and be aged between 18 and 50 years.
What is the financial assistance provided under this scheme?
The scheme provides financial assistance of up to ₹10,00,000/-, with 50% as a non-repayable grant and the remaining 50% as an interest-free loan (1% interest under specific sub-schemes).
What are the educational qualifications required to apply?
Applicants should have passed at least 10+2, Intermediate, ITI, Polytechnic Diploma, or an equivalent qualification.
What type of businesses are eligible under this scheme?
The scheme supports businesses operating as proprietorship or partnership firms.
Is there any age limit to apply for the scheme?
Yes, applicants must be aged between 18 and 50 years.
Does the scheme offer training for applicants?
Yes, mandatory training sessions are provided to enhance entrepreneurial skills and ensure the successful implementation of business ventures.
What is the purpose of the financial assistance?
The financial assistance is meant to support the establishment and operation of business ventures, including project site preparation, infrastructure, and other approved expenses.
How is the financial assistance disbursed?
The funds are disbursed in installments through RTGS/NEFT directly to the applicant’s business account.
Are there any restrictions on the type of business to be established?
The business must align with the project guidelines and be structured as a proprietorship or partnership firm.
Is there a deadline to apply for the scheme?
The deadlines are subject to updates by the Department of Industries, Bihar, and applicants are advised to check the official website for details.